Sugar stocks have been rising for the past few days as sugar production fell 3% amid increased demand in the summer season. Due to unseasonal rainfall in some parts of India, production has dropped and many mills that keep crushing sugarcane by June or July, until the monsoon arrives, have wrapped up operations early, according […]
Share Market News Today | Sensex, Nifty, Share Prices Highlights: Domestic indices ended Wednesday’s session in the green territory despite unfavourable global cues. The NSE Nifty 50 rose 49.15% or 0.27% to 18,315.1 and BSE Sensex surged 178.87 points or 0.29% to 61,940.2. In sectoral indices, Bank Nifty climbed 132.9 points or 0.31% to 43,331.05 […]
Beyond Key, an IT consulting and software services company, announces the appointment of Anuj Karwa as vice president of sales. Having worked in sales for more than 13 years in a variety of industries, Karwa brings a wealth of knowledge and experience to the table. Karwa holds an MBA from Narsee Monjee Institute of Management […]
Hindustan Zinc share price surged nearly 5%, touching an intraday high of Rs 325.25 on Wednesday after the company’s board on Tuesday approved a fourth interim dividend of Rs 26 per share for FY23, amounting to Rs 10,985.83 crore, with March 29 as the record date. The shares of Vedanta and LIC rose after the […]
Banking stocks surged on Thursday after the Reserve Bank of India surprised markets by pausing a rate hike earlier than expected. RBI MPC decided not to hike the repo rate, keeping the key lending rate at 6.5%. Analysts had predicted a 25 bps hike as inflation hovers above the central bank’s target range of 2-6%. […]
Majority of the pilot projects on generative artificial intelligence (GenAI) currently being run by IT vendors may not make it to production next year due to the uncertain macro environment, according to analysts.Infosys, which has already trained 57,000 employees in GenAI and is currently working on over 90 GenAI programmes, recently said it lost an […]
By Rohan Patil The bulls are back in action after a week of consolidation and prices closed above their previous week’s high with a gain of three percent on the weekly closing basis. After eight days of consolidation, the benchmark index Nifty50 breaks the conjunction zone on the higher side and witnessed a bullish breakout. […]
By Bhavik Patel Gold market is expected to witness short term turbulence as the long side is getting overcrowded. Usually when everyone is bullish, there are high chances of correction. Right now investors are too optimistic, thinking the US Fed will start lowering interest rates by the end of the year. Dovish comments from the […]
Benchmark indices BSE Sensex and NSE Nifty traded flat on Wednesday, stuck in range-bound movement. Nifty traded at 17,778.8, up 0.05% while Sensex gained 35 points to 60,166. The broader markets traded largely in the flat to positive territory, with Nifty Smallcap 50 higher by 0.43% and Nifty Midcap 50 higher by 0.07%. The sectoral […]
Adani Group stocks fell on Wednesday in an otherwise positive market despite GQG Partners CIO Rajiv Jain making a grand prediction of doubling his nearly $2 billion bet on the embattled Gautam Adani-led conglomerate. “These could be multi-baggers” over five years,” Rajiv Jain said in a TV interview. Adani Enterprises shares fell 1.62%, Adani Green […]
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